Strategy and Marketing

New Venture Development and Planning

Module code: N1576
Level 6
15 credits in spring semester
Teaching method: Seminar, Lecture
Assessment modes: Essay, Coursework

On this module, you’ll explore core theory and issues involved in developing an idea into a new business. This includes issues in:

  • strategy
  • operation
  • human capital
  • finance.

Through this, you’ll develop your judgement on which business ideas have competitive advantage. You’ll also gain a clear understanding of the numbers related to successfully growing an idea into a new venture.

You’ll develop your own business idea through the medium of a business plan. You’ll receive feedback on this in a way that combines theory with a practical, applied perspective.

Module learning outcomes

  • Demonstrate a systematic understanding of the knowledge and techniques related to the process of identifying new entrepreneurial opportunities and developing them into business ventures.
  • Demonstrate skills instrumental to starting a new business, such as opportunity recognition, market assessment and financial planning.
  • Create a business plan for development and financing of new business ventures.